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Treasury Metals ( (TSE:NEXG) ) has shared an announcement.
NexGold reported a transformational 2025 marked by securing all major federal and provincial permits needed to advance its flagship Goldboro Gold Project toward a construction decision, implementing key community and Indigenous benefits agreements in Nova Scotia, strengthening relationships with local stakeholders, and significantly improving its financial position. The company reduced leverage through early debt repayment and royalty repurchase, raised substantial capital via a US$24 million royalty sale and a $112.5 million bought deal equity financing, and completed extensive infill drilling at both Goldboro and the Goliath Gold Complex, helping drive a more than 150% rise in its share price and over 325% increase in market capitalization. Looking to 2026, NexGold plans to finalize an updated mineral resource and feasibility study for Goldboro, secure project financing and a final investment decision, advance detailed engineering and early works construction, and conduct further drilling at both core assets, underscoring its transition from developer to near-construction status and setting up potential catalysts for shareholders and community partners.
The most recent analyst rating on (TSE:NEXG) stock is a Hold with a C$2.00 price target. To see the full list of analyst forecasts on Treasury Metals stock, see the TSE:NEXG Stock Forecast page.
Spark’s Take on TSE:NEXG Stock
According to Spark, TipRanks’ AI Analyst, TSE:NEXG is a Neutral.
The score is held down primarily by weak financial performance (no revenue, worsening losses, and accelerating cash burn), partially offset by a strong technical setup with price trending above key moving averages and positive momentum. Valuation is constrained by negative earnings and the absence of a provided dividend yield.
To see Spark’s full report on TSE:NEXG stock, click here.
More about Treasury Metals
NexGold Mining Corp. is a Canadian multi-asset, gold-focused development company listed on the TSX Venture Exchange and OTCQX. Following its December 2024 acquisition of Signal Gold, the company’s core projects include the Goldboro Gold Project in Nova Scotia and the Goliath Gold Complex, positioning NexGold as an emerging player in the Canadian gold development space with an emphasis on advancing permitted projects toward construction and production.
Average Trading Volume: 746,425
Technical Sentiment Signal: Buy
Current Market Cap: C$296.6M
Learn more about NEXG stock on TipRanks’ Stock Analysis page.